Enagas (OTCMKTS:ENGGF – Get Free Report) is expected to be issuing its resultson Tuesday, July 21st. Analysts expect the company to post earnings of $0.2535 per share and revenue of $264.3110 million for the quarter.
Enagas Price Performance
ENGGF stock opened at $21.65 on Tuesday. The company has a 50-day simple moving average of $20.22 and a 200 day simple moving average of $17.94. Enagas has a fifty-two week low of $16.02 and a fifty-two week high of $21.65.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley upgraded Enagas from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
About Enagas
Enagás is a Spanish energy company that specializes in the transportation and regasification of natural gas. As the independent technical manager of Spain’s gas system, the company oversees the planning, development and operation of the country’s high-pressure transmission network. Enagás’s core activities include the construction, maintenance and management of pipelines and storage facilities designed to ensure the reliable supply of natural gas to industrial, power generation and distribution customers across the Iberian Peninsula.
The company operates six liquefied natural gas (LNG) regasification plants strategically located on Spain’s Atlantic and Mediterranean coasts.
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